News
Tax
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When companies experience cashflow difficulties, stressed directors all too often prioritise trade and other creditors over HM Revenue and Customs (HMRC). As a tax tribunal ruling showed, however, such a...
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No one would be surprised to hear that late filing of a tax return is likely to result in a financial penalty – but what if a return is submitted...
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Businesses that operate in highly regulated fields can be permanently shut down at the stroke of an official pen. However, as a case concerning the wholesale liquor trade made plain,...
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Those who put their money into nascent businesses can in certain circumstances claim tax credit under the Enterprise Investment Scheme (EIS). However, as one case showed, in order to qualify...
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When selling your business, the structure of the transaction matters enormously and should always be the subject of professional advice. In a case on point, two women who sold their...
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If you are facing a tax inquiry, a lawyer will advise you that there are a wide variety of sensible steps you can take. However, as was underlined by an...
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